News Archives for Print - 2015-08-26

JLI CAPITAL GROWTH TAKAFUL FUND

JLI Capital Growth Takaful Fund Rates on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

Hydel power: Chinese company offered eight projects

Pakistan has initially offered around 8 hydel power projects on upper Indus to the Chinese firm Three Gorges Corporation which established the world's largest dam in China. These projects were identified in preliminary talks held with a delegation of Chin

Published 26 Aug, 2015 12:00am

JLI CAPITAL GROWTH TAKAFUL FUND

JLI Capital Growth Takaful Fund Rates on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

Hydel power: Chinese company offered eight projects

Pakistan has initially offered around 8 hydel power projects on upper Indus to the Chinese firm Three Gorges Corporation which established the world's largest dam in China. These projects were identified in preliminary talks held with a delegation of Chin

Published 26 Aug, 2015 12:00am

JLI CAPITAL GROWTH TAKAFUL FUND

JLI Capital Growth Takaful Fund Rates on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

Military advances on last stronghold of al Qaeda

At least five soldiers and six Taliban militants were killed in gun battles in the country's north-western tribal region, the military said Tuesday, as troops advanced into the last stronghold of rebels. A group of gunmen attacked an army outpost near Sha

Published 26 Aug, 2015 12:00am

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

Military advances on last stronghold of al Qaeda

At least five soldiers and six Taliban militants were killed in gun battles in the country's north-western tribal region, the military said Tuesday, as troops advanced into the last stronghold of rebels. A group of gunmen attacked an army outpost near Sha

Published 26 Aug, 2015 12:00am

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

PHC suspends death penalty awarded by military court

The Peshawar High Court (PHC) on Tuesday suspended the execution of a death-row prisoner, who was sentenced to death by a military court for involvement in terrorism. A two-member judge bench comprising Justice Musarat Hilali and Justice Younis Thaheem su

Published 26 Aug, 2015 12:00am

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

PHC suspends death penalty awarded by military court

The Peshawar High Court (PHC) on Tuesday suspended the execution of a death-row prisoner, who was sentenced to death by a military court for involvement in terrorism. A two-member judge bench comprising Justice Musarat Hilali and Justice Younis Thaheem su

Published 26 Aug, 2015 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

Increase in number of military courts in Karachi: CoAS accords approval

Chief of Army Staff (CoAS) General Raheel Sharif Tuesday approved an increase in the number of military courts in Karachi. The move, ISPR spokesman Major General Asim Bajwa said, is aimed at ensuring speedy trial in terrorism-related cases which have been

Published 26 Aug, 2015 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

Increase in number of military courts in Karachi: CoAS accords approval

Chief of Army Staff (CoAS) General Raheel Sharif Tuesday approved an increase in the number of military courts in Karachi. The move, ISPR spokesman Major General Asim Bajwa said, is aimed at ensuring speedy trial in terrorism-related cases which have been

Published 26 Aug, 2015 12:00am

JLI YAQEEN GROWTH FUND RATES

JLI Yaqeen Growth Fund Rates on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

ADB announces new $1.2 billion annual package

The Asian Development Bank said Tuesday it has approved a new assistance programme for Pakistan worth $1.2 billion annually, to improve infrastructure and create jobs. The Manila-based bank said Pakistan, which has suffered sluggish growth in recent years

Published 26 Aug, 2015 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

ADB announces new $1.2 billion annual package

The Asian Development Bank said Tuesday it has approved a new assistance programme for Pakistan worth $1.2 billion annually, to improve infrastructure and create jobs. The Manila-based bank said Pakistan, which has suffered sluggish growth in recent years

Published 26 Aug, 2015 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

ADB announces new $1.2 billion annual package

The Asian Development Bank said Tuesday it has approved a new assistance programme for Pakistan worth $1.2 billion annually, to improve infrastructure and create jobs. The Manila-based bank said Pakistan, which has suffered sluggish growth in recent years

Published 26 Aug, 2015 12:00am

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

Testimony of Siegel delayed

The testimony of US lobbyist Mark Siegel against former president and army chief Pervez Musharraf in the Benazir Bhutto murder case has been delayed till October. Siegel was scheduled to record statement before Anti-Terrorism Court (ATC) Rawalpindi on Wed

Published 26 Aug, 2015 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

Testimony of Siegel delayed

The testimony of US lobbyist Mark Siegel against former president and army chief Pervez Musharraf in the Benazir Bhutto murder case has been delayed till October. Siegel was scheduled to record statement before Anti-Terrorism Court (ATC) Rawalpindi on Wed

Published 26 Aug, 2015 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

BRIndex30 surges 1053.21 points

On Tuesday, BRIndex30 recovered and after remaining positive throughout the trading time except for a few minutes of red during first hour of trading, it closed at 21,178.72 points with net change of 1053.21 points. In the last two hours index displayed a

Published 26 Aug, 2015 12:00am

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

BRIndex30 surges 1053.21 points

On Tuesday, BRIndex30 recovered and after remaining positive throughout the trading time except for a few minutes of red during first hour of trading, it closed at 21,178.72 points with net change of 1053.21 points. In the last two hours index displayed a

Published 26 Aug, 2015 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

Stocks recoup losses

Karachi stocks made a strong comeback Tuesday after the KSE-100 index witnessed a record 1,419 points single-day loss Monday. Foreign investment, however, was the day''s only negative at the country''s largest bourse seeing an outflow of $19.67 million. T

Published 26 Aug, 2015 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

Stocks recoup losses

Karachi stocks made a strong comeback Tuesday after the KSE-100 index witnessed a record 1,419 points single-day loss Monday. Foreign investment, however, was the day's only negative at the country's largest bourse seeing an outflow of $19.67 million. Thi

Published 26 Aug, 2015 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

Stocks recoup losses

Karachi stocks made a strong comeback Tuesday after the KSE-100 index witnessed a record 1,419 points single-day loss Monday. Foreign investment, however, was the day's only negative at the country's largest bourse seeing an outflow of $19.67 million. Thi

Published 26 Aug, 2015 12:00am

Currency

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 26 Aug, 2015 12:00am

Currency

Li says no basis for more yuan weakness

Chinese Premier Li Keqiang said Tuesday there was no basis for the yuan currency to weaken further and the exchange rate would be maintained at a "basically stable" level, state media reported. Li made the comments in talks with Bakytzhan Sagintayev, Kaza

Published 26 Aug, 2015 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

Currency

Li says no basis for more yuan weakness

Chinese Premier Li Keqiang said Tuesday there was no basis for the yuan currency to weaken further and the exchange rate would be maintained at a "basically stable" level, state media reported. Li made the comments in talks with Bakytzhan Sagintayev, Kaza

Published 26 Aug, 2015 12:00am

Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

Currency

Li says no basis for more yuan weakness

Chinese Premier Li Keqiang said Tuesday there was no basis for the yuan currency to weaken further and the exchange rate would be maintained at a "basically stable" level, state media reported. Li made the comments in talks with Bakytzhan Sagintayev, Kaza

Published 26 Aug, 2015 12:00am

Currency

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

Currency

China cuts rates, reserve ratio after stocks plummet again

China''s central bank cut interest rates and lowered the amount of reserves banks must hold for the second time in two months on Tuesday, ratcheting up support for a stuttering economy and a plunging stock market that has sent shockwaves around the globe.

Published 26 Aug, 2015 12:00am

Currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

Currency

China cuts rates, reserve ratio after stocks plummet again

China's central bank cut interest rates and lowered the amount of reserves banks must hold for the second time in two months on Tuesday, ratcheting up support for a stuttering economy and a plunging stock market that has sent shockwaves around the globe.

Published 26 Aug, 2015 12:00am

Currency

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

Currency

China cuts rates, reserve ratio after stocks plummet again

China's central bank cut interest rates and lowered the amount of reserves banks must hold for the second time in two months on Tuesday, ratcheting up support for a stuttering economy and a plunging stock market that has sent shockwaves around the globe.

Published 26 Aug, 2015 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

Currency

Banks asked to stop forward booking of US dollar

State Bank of Pakistan Tuesday asked commercial banks to immediately stop forward booking of US dollar and may impose up to 50 percent cash margin on opening of every Letter of Credit (LC) of luxury items. Following a 2.4 percent deprecation in value of P

Published 26 Aug, 2015 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

Currency

Banks asked to stop forward booking of US dollar

State Bank of Pakistan Tuesday asked commercial banks to immediately stop forward booking of US dollar and may impose up to 50 percent cash margin on opening of every Letter of Credit (LC) of luxury items. Following a 2.4 percent deprecation in value of P

Published 26 Aug, 2015 12:00am

Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

Currency

Banks asked to stop forward booking of US dollar

State Bank of Pakistan Tuesday asked commercial banks to immediately stop forward booking of US dollar and may impose up to 50 percent cash margin on opening of every Letter of Credit (LC) of luxury items. Following a 2.4 percent deprecation in value of P

Published 26 Aug, 2015 12:00am

Currency

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

Currency

SBP sees no threat to economy

State Bank of Pakistan (SBP) Tuesday said that despite turbulence and panic in the global financial and stock markets there is no threat to Pakistan''''s economy. "The macroeconomic stability achieved through sustained improvements in economic fundamental

Published 26 Aug, 2015 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (August 25, 2015).

Published 26 Aug, 2015 12:00am

Currency

SBP sees no threat to economy

State Bank of Pakistan (SBP) Tuesday said that despite turbulence and panic in the global financial and stock markets there is no threat to Pakistan''s economy. "The macroeconomic stability achieved through sustained improvements in economic fundamentals

Published 26 Aug, 2015 12:00am

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi

Published 26 Aug, 2015 12:00am

Currency

SBP sees no threat to economy

State Bank of Pakistan (SBP) Tuesday said that despite turbulence and panic in the global financial and stock markets there is no threat to Pakistan's economy. "The macroeconomic stability achieved through sustained improvements in economic fundamentals i

Published 26 Aug, 2015 12:00am

Currency

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d

Published 26 Aug, 2015 12:00am

Currency

SBP sees no threat to economy

State Bank of Pakistan (SBP) Tuesday said that despite turbulence and panic in the global financial and stock markets there is no threat to Pakistan's economy. "The macroeconomic stability achieved through sustained improvements in economic fundamentals i

Published 26 Aug, 2015 12:00am

New York cotton

The fluctuations observed during the day:

Published 26 Aug, 2015 12:00am

Currency

Recovering from 'Brutal Monday'

Although China's stocks crashed again yesterday, a cut in interest rates by its central bank in particular greatly helped world markets to recover from the 'Brutal Monday' in an effective and meaningful manner. The global recovery in the quickest possible

Published 26 Aug, 2015 12:00am

New York cotton

The fluctuations observed during the day:

Published 26 Aug, 2015 12:00am

Currency

Recovering from 'Brutal Monday'

Although China's stocks crashed again yesterday, a cut in interest rates by its central bank in particular greatly helped world markets to recover from the 'Brutal Monday' in an effective and meaningful manner. The global recovery in the quickest possible

Published 26 Aug, 2015 12:00am

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 26 Aug, 2015 12:00am

Oil recovers but still ends near 6-1/2-year lows

Oil rose as much as 3 percent on Tuesday as oversold conditions brought some buyers back to the market, but a lingering supply glut and worries about the slowing economy in top commodities consumer China kept crude prices near 6-1/2-year lows. Futures of

Published 26 Aug, 2015 12:00am

Cotton

Daily trading report of PMEX

On Monday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 59,583 million. The number of lots traded was 334.52 million. PMEX Commodity Index closed at 2,441. Major business was contributed by gold amounting to PKR 54,539 million. This was fo

Published 26 Aug, 2015 12:00am

Asian naphtha crack weakens over one-month low

The Asian naphtha crack weakened for the third straight session to a more than one-month low of $68.05 a tonne on the back of softer petrochemical prices and weak end-user demand, traders said on Monday. "Crude came off a lot and petrochemical prices have

Published 26 Aug, 2015 12:00am

Algeria's grain output up 14.3 percent

Algeria's grain output reached 4 million tonnes for the 2015 harvest season, up 14.3 percent from last year, the head of the country's grain agency (OAIC) said on Tuesday, according to APS state news. The North African country, one of the world's top whea

Published 26 Aug, 2015 12:00am

Vietnamese coffee sales capped as prices fall; premiums widen

Vietnamese coffee farmers and speculators seeking to free up some storage space ahead of the new harvest have reduced their selling price expectations, but price falls on the robusta futures markets have hit sales, traders said on Tuesday. Prices in Vietn

Published 26 Aug, 2015 12:00am

EU wheat futures hit 11-month low

Euronext wheat futures dropped to their lowest in almost a year on Monday as investor worries about China hit commodity markets and sent the euro soaring in a setback for European grain exports. December milling wheat, the most active contract on the Pari

Published 26 Aug, 2015 12:00am

Karachi Port's activities

The Karachi Port handled 138,116 tonnes of cargo comprising 102,293 tonnes of import cargo and 35,823 tonnes of export cargo including 6,789 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 10

Published 26 Aug, 2015 12:00am

Cotton

Oil cake market rates

The December vaida was down on the forward cottonseeds oilcake market on Tuesday in the process of trading, dealers said. The December vaida closed at Rs 1303.50, it shed 20 paisa at Rs 1303.30 in the early session, dealers said.

Published 26 Aug, 2015 12:00am

Currency

Cotton market: Phutti prices track fall in world commodities, stocks

A falling trend persisted on the cotton market on Tuesday in the process of improved supply of seed cotton and declining trend in the world commodities and stocks, dealers said. The official spot rate was down by Rs 100 to Rs 4,500, dealers said. Seed cot

Published 26 Aug, 2015 12:00am

Canadian canola eases

ICE Canadian canola fell on Monday, pressured by a broad commodities selloff tied to worries of slowing economic growth in China, traders said. But canola trimmed losses to finish only 0.4 percent lower, underpinned by oversold conditions that prompted li

Published 26 Aug, 2015 12:00am

Cotton

Upward trend on grain market

A rising trend was seen on the local commodity market on Tuesday in the process of modest trading, dealers said. On the cereals side, Masoor Canada low type gained Rs 800 to Rs 9200 and the best quality was higher by Rs 400 to Rs 9400, Masoor Dal Canada l

Published 26 Aug, 2015 12:00am

Ashes to dashes as England and Australia fail Test exam

One of the charms of Test cricket is that a match scheduled to last five days allows for the possibility of a fightback, even if a team falls behind early on. It was a charm, however, completely lacking from the 2015 Ashes, which ended with England winnin

Published 26 Aug, 2015 12:00am

Dibaba storms to 1500m world title

Ethiopian favourite Genzebe Dibaba stormed to the women's world 1500m title as she stamped her authority with a sumptuous display of controlled running in Beijing on Tuesday. The world record-holder strolled through a pedestrian first lap before taking th

Published 26 Aug, 2015 12:00am

Bolt stalks Gatlin as battle resumes in Beijing

Usain Bolt and fierce rival Justin Gatlin eased into the 200 metres semi-finals as middle distance greats David Rudisha and Genzebe Dibaba blazed to gold at the world championships on Tuesday. Bolt, the biggest name in athletics, returned to the Beijing t

Published 26 Aug, 2015 12:00am

Younis wants to be the first to score 10,000 Test runs

Test Batsman Younis Khan wants to be the first Pakistani to score 10,000 Test runs saying he desires to be a role model for the nation. Younis Khan said his vision is to do something for Pakistan and that is why he wants to be the first Pakistani to score

Published 26 Aug, 2015 12:00am

Milan confirm return of Reds misfit Balotelli

Liverpool misfit Mario Balotelli said he is ready to resurrect his career as he re-joined AC Milan on a season-long loan deal that has divided fans and pundits in Italy. Balotelli joined Liverpool from Milan in the summer of 2014 but after a dismal season

Published 26 Aug, 2015 12:00am

Pakistan set to tour England: ECB

Pakistan will tour England next year, their first visit since their spot-fixing marred 2010 tour, the English Cricket Board (ECB) announced on Tuesday. Pakistan are scheduled to face the recently-crowned Ashes winners in four Test matches, five one-day in

Published 26 Aug, 2015 12:00am

Liverpool's perfect record ended with Arsenal stalemate

Liverpool's 100 percent start to the season ended with a hard-fought goalless draw against top-four rivals Arsenal at the Emirates Stadium on Monday. Arsenal were indebted to goalkeeper Petr Cech - at fault for West Ham United's goals in a 2-0 opening-wee

Published 26 Aug, 2015 12:00am

Chung slams FIFA dirty tricks

FIFA presidential candidate Chung Mong-Joon on Tuesday warned the election to succeed Sepp Blatter was in danger of "being manipulated to a degree unseen even in previous notorious FIFA presidential elections". The 63-year-old billionaire South Korean has

Published 26 Aug, 2015 12:00am

An Ba-Ul, Nakamura, star at judo world championships

South Korean An Ba-Ul claimed his first world title and Japan's Misato Nakamura her third on the second day of the judo world championships in Astana on Tuesday. The 21-year-old An, a gold medal winner at junior level in 2013, came out on top in the men's

Published 26 Aug, 2015 12:00am

Qatar in talks to host Pakistan Twenty20 league

Football World Cup 2022 host Qatar is poised to move into the lucrative international Twenty20 cricket market as the venue for the inaugural Pakistan Super League, officials said Tuesday. The head of the Qatar Cricket Association, Gul Khan told AFP there

Published 26 Aug, 2015 12:00am

Philippines to launch peso bond swap

The Philippine government plans to launch an up to 300 billion peso domestic bond ($6.5 billion) swap offer this week, aimed at extending its debt maturities. An official at one of the eight banks handling the deal said the launch could happen as early as

Published 26 Aug, 2015 12:00am

Philippines to launch peso bond swap

The Philippine government plans to launch an up to 300 billion peso domestic bond ($6.5 billion) swap offer this week, aimed at extending its debt maturities. An official at one of the eight banks handling the deal said the launch could happen as early as

Published 26 Aug, 2015 12:00am

Uzbekistan to spend $700 million on region's first solar plants

Uzbekistan launched projects worth $700 million for three solar power plants that will pioneer use of the technology in Central Asia, state power utility Uzbekenergo said on Monday. A producer of crude oil and natural gas, Uzbekistan relies on thermal pla

Published 26 Aug, 2015 12:00am

India to auction 20 major iron ore mines to revive industry

India will auction about 20 major iron ore mines this year in its first such sale ever, a top government official said, as it looks to revive its corruption-tainted mining industry. India's mining sector has been mired in controversy over illegal allocati

Published 26 Aug, 2015 12:00am

Antofagasta eyes cost cuts and lower capex as earnings slump

Chilean copper miner Antofagasta Plc is targeting savings of about $160 million this year and said its capital spending will probably be below forecast, as sliding metal prices hit its first-half earnings. Like its peers, London-listed Antofagasta is batt

Published 26 Aug, 2015 12:00am

Hungary central bank holds rates, as promised

Hungary's central bank kept its base rate on hold at 1.35 percent on Tuesday, as expected, after it officially ended its easing cycle last month to join other central European countries that have already finished cutting. Interest rates are at record lows

Published 26 Aug, 2015 12:00am

South African economy shrinks by 1.3 percent

South Africa's economy unexpectedly shrank in the second quarter, data showed Tuesday, raising fears of a recession as gross domestic product fell by an annualised 1.3 percent, surprising analysts who had predicted a small rise. The slowdown was across th

Published 26 Aug, 2015 12:00am

UK competition watchdog clears Poundland-99p stores deal

Britain's competition watchdog said it was minded to approve Poundland's acquisition of rival 99p Stores, after it discounted fears the combined 800-strong group would dominate the value market. The Competition and Markets Authority (CMA) undertook a leng

Published 26 Aug, 2015 12:00am

Currency

South Korea outflows currently 'not alarming': regulatory official

The outflow of funds from South Korean equities in recent months due to turbulence in China's stock markets and ahead of the pending rate hike by the US Federal Reserve are "not alarming", said a regulatory official on Tuesday. "When we compare to previou

Published 26 Aug, 2015 12:00am

Ukraine says EU ready to toughen stance against Russia

Ukraine said Tuesday that the leaders of Germany and France had agreed to back "firm" steps against Russia should pro-Moscow rebels hold disputed elections in the ex-Soviet state's separatist east. A top aide to President Petro Poroshenko said German Chan

Published 26 Aug, 2015 12:00am

Zurich Insurance proposes $8.8bn take-over of RSA

Zurich Insurance made a friendly 5.6 billion pound ($8.8 billion) take-over proposal for British rival RSA on Tuesday, paving the way for one of Europe's biggest insurance deals. Zurich said a month ago it was weighing a bid but left it to the last day un

Published 26 Aug, 2015 12:00am

French PM pledges more reforms, tax cuts despite party dissent

French Prime Minister Manuel Valls promised to press ahead with reforms and cut taxes, brushing aside calls from some in his own Socialist party to water down a corporate tax credits scheme. Days ahead of an annual end-of-summer party meeting, Valls wrote

Published 26 Aug, 2015 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Swiss Franc / Dec 20	0.89
USD to Japanese Yen / Dec 23	156.63
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75
France CAC40 / Dec 20	7,274.48
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Diesel/Litre / Dec 23	255.38

Stock	Price
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.73 ▲ 0.46 (10.77%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Pak. P.V.C. / Dec 23 Pakistan PVC Limited(PPVC)	10.70 ▲ 1.00 (10.31%)
I.C.C. Ind. / Dec 23 ICC Industries Limited(ICCI)	10.94 ▲ 1.00 (10.06%)
Power Cem(Pref) / Dec 23 Power Cement (Pref)(POWERPS)	12.27 ▲ 1.12 (10.04%)
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	14.49 ▲ 1.32 (10.02%)
Treet Corp / Dec 23 Treet Corporation Limited(TREET)	24.38 ▲ 2.22 (10.02%)

Stock	Price
Faran Sugar (R) / Dec 23 Faran Sugar Mills Limited (R)(FRSMR)	9 ▼ -1.00 (-10.00%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
LSE Financial Serv. / Dec 23 LSE Financial Services Limited(LSEFSL)	14.63 ▼ -1.62 (-9.97%)
Olympia Mills / Dec 23 Olympia Mills Limited(OML)	34.60 ▼ -3.82 (-9.94%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	13.87 ▼ -1.47 (-9.58%)
National Silk / Dec 23 The National Silk & Rayon Mills Limited(NSRM)	50.51 ▼ -4.93 (-8.89%)
S.G.Power / Dec 23 S.G. Power Limited(SGPL)	10.27 ▼ -0.92 (-8.22%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.07
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.08
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.16
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▼ -0.05
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	32,537,970 ▲ 0.44
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.14
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	29,164,131 ▲ 1.32
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	27,939,799 ▲ 1.91
Symmetry Group / Dec 23 Symmetry Group Limited(SYM)	21,897,051 ▲ 0.12

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